ponzi scheme

Ruth Madoff, 70, who stood by her husband Bernie after he was convicted in 2008 of bilking his clients out of $65 billion in a 20-year Ponzi-scheme, has now reportedly abandoned her marriage of five decades, although it’s unclear if she plans to seek a divorce.Her initial devotion to her husband cos…

Over the weekend, all of the personal items from disgraced swindler Bernie Madoff's Palm Beach, Florida mansion were auctioned off by a Miami auction house.And we mean all of his personal items. In fact, an unnamed buyer paid $200 for a couple weeks worth of Bernie Madoff's unmentionables.